Corient Capital Partners LLC Sells 1,865 Shares of Sony Group Co. (NYSE:SONY)

Corient Capital Partners LLC lowered its holdings in shares of Sony Group Co. (NYSE:SONYGet Rating) by 18.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,074 shares of the company’s stock after selling 1,865 shares during the quarter. Corient Capital Partners LLC’s holdings in Sony Group were worth $660,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SONY. AGF Investments Inc. lifted its holdings in shares of Sony Group by 39.6% in the 1st quarter. AGF Investments Inc. now owns 1,535,680 shares of the company’s stock worth $157,730,000 after acquiring an additional 435,542 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Sony Group by 0.8% in the 1st quarter. BlackRock Inc. now owns 1,510,796 shares of the company’s stock worth $155,174,000 after acquiring an additional 11,272 shares during the last quarter. Phoenix Holdings Ltd. lifted its holdings in shares of Sony Group by 9.7% in the 1st quarter. Phoenix Holdings Ltd. now owns 822,668 shares of the company’s stock worth $84,540,000 after acquiring an additional 72,967 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in shares of Sony Group by 1.8% in the 2nd quarter. Clearbridge Investments LLC now owns 798,372 shares of the company’s stock worth $65,283,000 after acquiring an additional 14,222 shares during the last quarter. Finally, Manning & Napier Group LLC lifted its holdings in shares of Sony Group by 3.7% in the 2nd quarter. Manning & Napier Group LLC now owns 729,800 shares of the company’s stock worth $59,674,000 after acquiring an additional 25,992 shares during the last quarter. Institutional investors own 7.69% of the company’s stock.

Sony Group Trading Up 1.2 %

SONY stock opened at $82.20 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.58 and a quick ratio of 0.43. The company has a market capitalization of $101.68 billion, a PE ratio of 13.48, a P/E/G ratio of 2.64 and a beta of 0.95. The firm’s 50-day moving average is $70.86 and its 200 day moving average is $79.74. Sony Group Co. has a 12 month low of $61.72 and a 12 month high of $133.75.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Cowen lowered their target price on shares of Sony Group from $144.00 to $102.00 in a report on Wednesday, November 2nd. StockNews.com assumed coverage on shares of Sony Group in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Cowen reduced their price target on shares of Sony Group from $144.00 to $102.00 in a research note on Wednesday, November 2nd. Finally, The Goldman Sachs Group assumed coverage on shares of Sony Group in a research note on Wednesday, September 7th. They issued a “neutral” rating on the stock. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $109.67.

Sony Group Company Profile

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Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home and portable game consoles, packaged software, and peripheral devices.

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Institutional Ownership by Quarter for Sony Group (NYSE:SONY)

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